• Tim Knight from...
    04/28/2016 - 00:27
    I was expecting a few boring candidate statements of the U.S. Senate - AKA the World's Most Exclusive Club - but, boy, was I wrong. Just take a look at some of these gems.
  • Tim Knight from...
    04/28/2016 - 00:27
    I was expecting a few boring candidate statements of the U.S. Senate - AKA the World's Most Exclusive Club - but, boy, was I wrong. Just take a look at some of these gems.

China CPI Comes At 4.9%, Below Consensus Of 5.4%, In Line With Zero Hedge "Pervasive Data Manipulation" Expectations

Tyler Durden's picture




 
0
Your rating: None
 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Mon, 02/14/2011 - 22:12 | 962244 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Plastics.....bitchez.

The Graduate "One Word: Plastics":

http://www.youtube.com/watch?v=PSxihhBzCjk

Tue, 02/15/2011 - 00:05 | 962564 william the bastard
william the bastard's picture

weak.

Tue, 02/15/2011 - 00:16 | 962582 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

It is ironic that plastic rice is cheaper than real rice when peak oil production is looming.  Instead of burning Picassos for heat, we eat them.

You would rather a club quote perhaps....

Tyler checks his watch....

It's getting exciting now.

Tue, 02/15/2011 - 00:25 | 962595 william the bastard
william the bastard's picture

Bottled water has cost more than gasoline for over 10 years now.

"Is that your blood?"

 

Mon, 02/14/2011 - 22:15 | 962255 Cleanclog
Cleanclog's picture

No inflation!  Back up the truck and buy them up. And here is the heralded sputnik moment - - - moon shot!!!!

Mon, 02/14/2011 - 22:16 | 962260 Yen Cross
Yen Cross's picture

 Nice call on that one. And the teflon Aussie is on the bid anyways. Even after a fairly dovish RBA statement.

Mon, 02/14/2011 - 22:26 | 962301 Mike2756
Mon, 02/14/2011 - 22:30 | 962317 Notimpossible
Notimpossible's picture

PPI blowing past expectations, 6.6% vs. 6.1%. Nice spread on the PPI/CPI...should keep the veil over the masses...number one rule of plutocracy (ahem Egypt!) keep the masses sedated

Mon, 02/14/2011 - 23:51 | 962517 Hedge Jobs
Hedge Jobs's picture

Yeah PPI a shocker at 6.6 (5.9 prior). Not good news for chinesse companies. Im sure Hu is on the phone to the chairsatan right now asking for advice on how to strip out commodity prices from the PPI.

 

 

Mon, 02/14/2011 - 22:31 | 962320 Maiden Lane
Maiden Lane's picture

Well, I for one am glad everything is alright!

Mon, 02/14/2011 - 22:32 | 962327 alien-IQ
alien-IQ's picture

Remember when CNBC used to provide the kind of relevant data and insight ZH does?.....

.....Neither do I.

Mon, 02/14/2011 - 23:05 | 962407 william the bastard
william the bastard's picture

Where o where is Ted Davis this valentines night?

Tue, 02/15/2011 - 00:05 | 962566 NOTW777
NOTW777's picture

they report the china # as straight

 

http://www.cnbc.com/id/41589633

Tue, 02/15/2011 - 01:21 | 962670 whatsinaname
whatsinaname's picture

And now Brent and WTI ramp up on such good news.

That oughta be good news for FDX.

Mon, 02/14/2011 - 22:33 | 962328 Boilermaker
Boilermaker's picture

I'm in Beijing on Friday, Nanjing on Saturday, and Wuxi on Monday.

I'll report back the price of deep-fried sewer rat when I get back!

Mon, 02/14/2011 - 22:34 | 962333 Maiden Lane
Maiden Lane's picture

Mubarak in a coma!!! that was fast

Mon, 02/14/2011 - 22:51 | 962370 sabra1
sabra1's picture

no, he was placed in suspended animation, so that the next generation of egyptians, would re-elect him as pharoah once again!

Mon, 02/14/2011 - 22:37 | 962335 eigenvalue
eigenvalue's picture

Go long agricultural products, especially wheat, corn and soya bean. I pray every night that the current drought in China would devastate all the winter wheat crop! Screw the Chinese!

Mon, 02/14/2011 - 23:27 | 962475 tmosley
tmosley's picture

Be careful what you wish for.  Suffering is a contagion that crosses oceans overnight.

Mon, 02/14/2011 - 23:56 | 962531 william the bastard
william the bastard's picture

Quintus Horatius? Oh!..not

.. it's tmoselry know it all. He must be quoting Jefferson Davis "Boss" Hogg. West Okey shack dwelling  unpaid gold pimp doomer

Mon, 02/14/2011 - 23:46 | 962507 Terminus C
Terminus C's picture

Fuck man... you wish mass starvation on a people because... why exactly?  If you have issue with the government of China, they will not be affected by the loss of food.

A) you are a heartless piece of shit

or

B) you are a dumb fucking kid who knows not what you are wishing for.

Tue, 02/15/2011 - 00:02 | 962553 eigenvalue
eigenvalue's picture

Only a famine will wake the Chinese up and get rid of the current regime. Almost every countrywide uprising in the Chinese history started with a big famine. 

Tue, 02/15/2011 - 00:49 | 962629 Terminus C
Terminus C's picture

And what, exactly, do you think will replace the current regime?  The death of millions will bring about a harsher, more controlling, more sociopathic government.  That is the history of China.

 

Tue, 02/15/2011 - 06:43 | 962899 fajensen
fajensen's picture

or

C) the fallout will destroy the oligharchs here ...

Mon, 02/14/2011 - 22:39 | 962343 chump666
chump666's picture

and PPI came in strong China is trying that Goldilocks crap the US tried to pull in 2007, before the economy imploded.

everyone in the universe knows china manipulates every data that comes out

China is c-hair away from hyperinflation.

You wanna make a bet zero hedge, bet China tightens like mad coming quarter, and sells a shit load of UST's and Shanighai short's on.  A better bet, will send the global economy into a ice-age, say 6mths long.  Till maniacal Bernanke buys another 600billion.

As for the AUD, blame the lazy banks sitting on long carry trade plays, rejoice when they get crunched on a HFT short sell

Mon, 02/14/2011 - 22:38 | 962347 system failure
system failure's picture

It matters not what they report any more or any government for that concern....

What matters is whether I can afford what I need to survive.

Life of luxury items will not exist, as the need to exist with even less becomes life.

Pythius

Mon, 02/14/2011 - 23:59 | 962543 william the bastard
william the bastard's picture

Sticking feathers up your butt does not make you a chicken.

 

Tyler Durden

Tue, 02/15/2011 - 08:56 | 962992 tmosley
tmosley's picture

And yet you keep trying.

Mon, 02/14/2011 - 22:39 | 962348 SHRAGS
SHRAGS's picture

Thursday, 15 March 2007, 10:24

C O N F I D E N T I A L SECTION 01 OF 04 BEIJING 001760
SIPDIS
SIPDIS
EO 12958 DECL: 03/15/2032
TAGS PGOV, PREL, ECON, SOCI, CH
SUBJECT: FIFTH GENERATION STAR LI KEQIANG DISCUSSES
DOMESTIC CHALLENGES, TRADE RELATIONS WITH AMBASSADOR
REF: SHENYANG 26
Classified By: Ambassador Clark T. Randt, Jr. Reasons 1.4 (b) and (d).

4. (C) GDP figures are "man-made" and therefore unreliable, Li said. When evaluating Liaoning's economy, he focuses on three figures: 1) electricity consumption, which was up 10 percent in Liaoning last year; 2) volume of rail cargo, which is fairly accurate because fees are charged for each unit of weight; and 3) amount of loans disbursed, which also tends to be accurate given the interest fees charged. By looking at these three figures, Li said he can measure with relative accuracy the speed of economic growth. All other figures, especially GDP statistics, are "for reference only," he said smiling.

http://www.guardian.co.uk/world/us-embassy-cables-documents/100498

 

Mon, 02/14/2011 - 22:41 | 962354 London Banker
London Banker's picture

Well done on the forecast, Tyler!  Impressive.

Good Michael Pettis piece on the Japanification of the Chinese economy, where holding down wages and subsidies to investment lead to long term deflationary disaster.

http://www.foreignpolicy.com/articles/2010/08/19/china_s_japanese_future...

 

 

Mon, 02/14/2011 - 22:59 | 962392 meizu
meizu's picture

why does everyone compare china to Japan?  Just bcause they are both east asian doesn't mean their economies will follow the same path.  The country that should be compared to Japan is United States, which is about to experience deflationary disaster.

Mon, 02/14/2011 - 23:01 | 962398 Boilermaker
Boilermaker's picture

It's all Oriental isn't it?  What's the difference?  Rugs, rice, noodles...shit, man, I can't even tell the difference.

Mon, 02/14/2011 - 23:43 | 962504 dcb
dcb's picture

Dude,

they will not let america go into deflation. period.

haven't ypu learned anything. any hint of prices falling will be met by anther qe. everytime asset prices fall they used to have a rate cut, since they can't now it means another qe.

Mon, 02/14/2011 - 22:49 | 962369 chump666
chump666's picture

..they cut food weighted!?? 

As if the market is gonna buy that BS!  I'll bet the 5yr CDS is blowing out for China.

Big tightening ahead, send a ton of inflation back to the US.

Mon, 02/14/2011 - 22:51 | 962372 tickhound
tickhound's picture

I don't eat chinese food

Mon, 02/14/2011 - 22:53 | 962376 Notimpossible
Notimpossible's picture

February 15, 2011

Stocks hit three year high on bigger than expected US fiscal deficit and Chinese inflation only coming in at 5%

New York - The S&P 500 got a lift from expectations that FedEx lowered forecast due to weather will accelerate second quarter earnings as spending and business resumes postponement. Copper hit and all time new high as Chinese demand should accelerate on better than expected inflation data. Joe Smith from Deutsche Bank says "lower than expected Chinese inflation should open the door to more dovish comments from the PBoC"...

 

Mon, 02/14/2011 - 22:57 | 962380 Boilermaker
Boilermaker's picture

Fuckin' A Right!

Mon, 02/14/2011 - 23:03 | 962401 Notimpossible
Notimpossible's picture

Consumer stocks were the best performing sub-index in the S&P 500 Index, as credit card companies announced that they were increasing credit limits by two fold to keep up with the economic momentum. Billy Watson from LA was quoted as saying "great news on the credit limit, I almost had live within my means and sell my ipad"

Mon, 02/14/2011 - 23:01 | 962395 billwilson
billwilson's picture

MUST keep CPI number UNDER 5%!

 

Mission Accomplished.

Mon, 02/14/2011 - 23:04 | 962404 Boilermaker
Boilermaker's picture

4.9999999%

I wonder if they'll catch on?

Mon, 02/14/2011 - 23:01 | 962396 jobs1234
jobs1234's picture

Does this mean I should BTFD?

Mon, 02/14/2011 - 23:03 | 962403 Misean
Misean's picture

Well that's a relief. I'll just pop on down to the corner rice vendor and show them the headline. Be eating good tonight!

Mon, 02/14/2011 - 23:18 | 962414 mynhair
mynhair's picture

Eat better tomorrow, play AVL.

Top 8.33 (in pre-market 2 weeks ago), bottom 7.02 (set last week).

8.10 to 7.51 today range.  BooYah, you Cramer ass!

It's new, has no charts, BTW.

Mon, 02/14/2011 - 23:06 | 962408 mynhair
mynhair's picture

Kewl, rally on!

(Excuse me while I puke -again.)

Mon, 02/14/2011 - 23:12 | 962420 buzzsaw99
buzzsaw99's picture

Confucius say:

Statistician who lie like dog wake up with fleas.

Statistician who fart in church sit in pew.

Statistician who shave inflation lose face.

Mon, 02/14/2011 - 23:15 | 962424 mynhair
mynhair's picture

That was Cornfucious that said that, not to be technical....

Mon, 02/14/2011 - 23:37 | 962446 buzzsaw99
buzzsaw99's picture

buzzsaw99 say: mynhair who squawk like dodo wind up with egg on face.

cornholio say: i need tp for my bunghole.

Mon, 02/14/2011 - 23:34 | 962488 Scritchy
Scritchy's picture

Buzz, I for one really like those sayings and got a kick out of them.

But then again, I really like to fart in a space suit.  :)

 

Mon, 02/14/2011 - 23:50 | 962501 buzzsaw99
buzzsaw99's picture

Scritchy who cut cheese in suit make own eyes water.

Scritchy who cut cheese with mynhair in suit make nacho cat.

Do NOT follow this link or you will be banned from the site!